Forecast of the Canadian Dollar to American Dollar (CAD/ USD) for 2024

The forecast has been updated: March 24, 2023 1:38

Inverse rate: USD to CAD.

Canadian Dollar To American Dollar Today

0.7375 -0.45 %

The CAD - USD currency pair is currently trading at 0.7375, down -0.45 % over the past day.

Key Statistics	Today	Yesterday
open	0.7342 + 0.46 %	0.7308
Today's Low	0.7342 + 2.15 %	0.7184
Today's High	0.738 -0.41 %	0.741

Will the CAD / USD rate fall or rise? When to sell Canadian Dollar and buy American Dollar? How will CAD / USD currency pair behave in 2024?

If you are going on a trip and you need to exchange currency at a favorable rate, then our website and our team will help you choose the best moment.

Currently CAD / USD currency pair is quoted at 0.7375 , but let's see what our site’s analysts predict for 2024.

At allforecast.com, we predict future values through daily technical and fundamental analysis for a wide selection of currency pairs, such as Canadian Dollar to American Dollar.

We use a unique mathematical model that allows us to predict the behavior of the CAD / USD currency pair.

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Canadian Dollar to Dollar (CAD/USD) Rate Prediction chart for 2024

Canadian Dollar to American Dollar Forecast Table for 2024

Month	Rate Forecast	MIN Rate	MAX Rate	Changes, %
Jan	0.6588	0.6336	0.6662	4.89 %
Feb	0.6697	0.6475	0.6991	7.38 %
Mar	0.6588	0.6421	0.6806	5.66 %
Apr	0.6321	0.6185	0.6462	4.28 %
May	0.6340	0.6268	0.6479	3.25 %
Jun	0.6463	0.6248	0.6540	4.47 %
Jul	0.6553	0.6389	0.6690	4.49 %
Aug	0.6935	0.6811	0.7021	3.00 %
Sep	0.7429	0.7284	0.7812	6.76 %
Oct	0.7078	0.6809	0.7408	8.09 %
Nov	0.7073	0.6966	0.7401	5.89 %
Dec	0.7249	0.7082	0.7336	3.46 %

Forecast of the Canadian Dollar against the Dollar for 2024.

In Jan 2024, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.658805. Minimum prices are forecasted at the level of: 0.633593. The maximum value of quotes: 0.666178.

In Feb 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.669703. Minimum prices are forecasted at the level of: 0.647459. The maximum value of quotes: 0.699056.

In Mar 2024, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.658805. Minimum prices are forecasted at the level of: 0.642055. The maximum value of quotes: 0.68055.

In Apr 2024, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.632111. Minimum prices are forecasted at the level of: 0.618544. The maximum value of quotes: 0.646204.

In May 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.633955. Minimum prices are forecasted at the level of: 0.626841. The maximum value of quotes: 0.647878.

In Jun 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.646329. Minimum prices are forecasted at the level of: 0.624805. The maximum value of quotes: 0.654022.

In Jul 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.655265. Minimum prices are forecasted at the level of: 0.638937. The maximum value of quotes: 0.668986.

In Aug 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.693481. Minimum prices are forecasted at the level of: 0.681106. The maximum value of quotes: 0.702149.

In Sep 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.742942. Minimum prices are forecasted at the level of: 0.728385. The maximum value of quotes: 0.781189.

In Oct 2024, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.707814. Minimum prices are forecasted at the level of: 0.680874. The maximum value of quotes: 0.740796.

In Nov 2024, a bearish trend is expected on the CAD/USD currency pair. The average price for the period is 0.707264. Minimum prices are forecasted at the level of: 0.696573. The maximum value of quotes: 0.740138.

In Dec 2024, a bullish trend is expected on the CAD/USD currency pair. The average price for the period is 0.7249. Minimum prices are forecasted at the level of: 0.708165. The maximum value of quotes: 0.733568.

CAD to USD

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